Darmi Bersaudara (Indonesia) Market Value
| KAYU Stock | 18.00 0.00 0.00% |
| Symbol | Darmi |
Darmi Bersaudara 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Darmi Bersaudara's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Darmi Bersaudara.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Darmi Bersaudara on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Darmi Bersaudara Tbk or generate 0.0% return on investment in Darmi Bersaudara over 480 days. Darmi Bersaudara is related to or competes with Gunung Raja, Ifishdeco, Saraswanti Anugerah, and Putra Mandiri. More
Darmi Bersaudara Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Darmi Bersaudara's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Darmi Bersaudara Tbk upside and downside potential and time the market with a certain degree of confidence.
Darmi Bersaudara Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Darmi Bersaudara's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Darmi Bersaudara's standard deviation. In reality, there are many statistical measures that can use Darmi Bersaudara historical prices to predict the future Darmi Bersaudara's volatility.Darmi Bersaudara Tbk Backtested Returns
We have found three technical indicators for Darmi Bersaudara Tbk, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Darmi Bersaudara are completely uncorrelated.
Auto-correlation | -0.02 |
Very weak reverse predictability
Darmi Bersaudara Tbk has very weak reverse predictability. Overlapping area represents the amount of predictability between Darmi Bersaudara time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Darmi Bersaudara Tbk price movement. The serial correlation of -0.02 indicates that only 2.0% of current Darmi Bersaudara price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Darmi Bersaudara Tbk lagged returns against current returns
Autocorrelation, which is Darmi Bersaudara stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Darmi Bersaudara's stock expected returns. We can calculate the autocorrelation of Darmi Bersaudara returns to help us make a trade decision. For example, suppose you find that Darmi Bersaudara has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Darmi Bersaudara regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Darmi Bersaudara stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Darmi Bersaudara stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Darmi Bersaudara stock over time.
Current vs Lagged Prices |
| Timeline |
Darmi Bersaudara Lagged Returns
When evaluating Darmi Bersaudara's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Darmi Bersaudara stock have on its future price. Darmi Bersaudara autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Darmi Bersaudara autocorrelation shows the relationship between Darmi Bersaudara stock current value and its past values and can show if there is a momentum factor associated with investing in Darmi Bersaudara Tbk.
Regressed Prices |
| Timeline |
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Darmi Bersaudara financial ratios help investors to determine whether Darmi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Darmi with respect to the benefits of owning Darmi Bersaudara security.